Join us for this one-day GP-only workshop followed by a Members-Only reception

The EMPEA Fundraising Masterclass in Hong Kong is presented in collaboration with HKVCA and with generous support from Debevoise & Plimpton. This one-day workshop provides an opportunity for fund managers to gain practical insight from emerging markets private equity's largest investors and most experienced practitioners.

Recommended deadline is 31 December to have your visas processed in time for March 2017 travel

EMPEA announces the opening of eight fund manager seats for the forthcoming, second annual Immersions journey to the Gulf states. Our recommended deadline is 31 December 2016 to have your visas processed in time for the 5 March 2017 start date. In addition to our convening of local investors at Multi-LP Sessions for a roundtable discussion and one-on-one meetings, with a total of 30 institutional investors participating across 4 Gulf cities last year, seven leading institutions have anticipated our arrival in March 2017 and have already confirmed to host the EMPEA Fund Manager Delegation for LP Headquarter Visits at their offices.

Over the course of 9 days we will meet with LPs in the following cities in two related EMPEA Immersions*:- Track A: EMPEA Immersions Gulf States 5-9 March 2017: Abu Dhabi, Dubai, Kuwait, Muscat- Track B: EMPEA Immersions Gulf States 11-14 March 2017: Riyadh, Khobar, Manama, Doha*A discounted package rate is available for both journeys.

Please note EMPEA Immersions is open exclusively to EMPEA Member Fund Managers and fees apply to participate in Immersions, which is all-inclusive in nature and include in-market travel, accommodations and logistics.Learn more about EMPEA Immersions » | See testimonials »

For more information and pricing details, please contact Randy Mitchell at mitchellr@empea.net.

Real estate fund manager TC Latin America Partners has reached a final close for Terranum Capital Latin America Real Estate Fund II with US$268 million in commitments. Investors in the fund include pension funds and insurance companies in Colombia, Peru, the United States, the Middle East and Europe. The fund will invest in the development of residential, commercial and industrial real estate projects in Peru, Colombia and Mexico.

Cross-border private equity firm Cathay Capital Private Equity has led a CNY100 million (approximately US$14 million) Series A+ round in China-based Yimidida, an online logistics platform providing crowd-sourced delivery services in China’s small counties and villages. Existing investors China-focused venture capital firm Source Code Capital and Singapore-based Global Logistic Properties (GLP) also participated in the round. The new funding follows Yimidida’s Series A round, which was announced in September 2016.

Mexico-focused private equity fund manager EMX Capital has invested in Mexico-based information and communications technology service provider Orben Communications through a convertible debt structure. EMX Capital made its investment through EMX Capital I. Orben plans to use the new funds to strengthen its services in data security. Financial details of the transaction were not disclosed.

Global infrastructure investment firm Meridiam has invested EUR8.5 million (approximately US$9 million) in Senegal-based 30 megawatt photovoltaic solar power plant Ten Marina. Meridiam’s investment, which was completed through Meridiam Africa Infrastructure Fund, forms part of an EUR43 million (approximately US$45 million) financing package, which also includes an EUR34.5 million (approximately US$36 million) 18-year loan provided by development finance institutions Proparco and BIO. French construction companies Eiffage and Solairedirect, the solar energy subsidiary of power generation company Engie, will develop the project.

North Asia-focused private equity firm MBK Partners has reached a final close for its fourth fund with US$4.1 billion in commitments. Investors in the fund include Ontario Teachers’ Pension Plan, Canada Pension Plan Investment Board, Singapore-based sovereign wealth fund Temasek Holdings and China-based sovereign wealth fund China Investment Corporation. The New Jersey Division of Investment reportedly committed US$100 million to the fund, while the Teachers’ Retirement System of the State of Illinois committed US$150 million. MBK Partners focuses on management-led buyouts in South Korea, Japan and China.

Energy and power-focused private investment firm Riverstone Holdings has agreed to an initial line-of-equity investment of US$150 million in newly-established Mexico-based energy infrastructure platform Avant Energy. Riverstone’s initial investment may increase to US$300 million once its initial commitment has been invested. Avant Energy will focus on the development, construction and operation of infrastructure for Mexico’s oil, natural gas, refined products and electricity sectors.

Private investment firm DST Global has led a US$80 million Series D round for Brazil-based mobile credit card platform Nubank. Existing investors Founders Fund, QED Investors, Sequoia Capital and Tiger Global Management, as well as new investors Redpoint Ventures and Ribbit Capital, also participated in the round. Nubank will use the new capital to invest in data science infrastructure and hire new employees for its engineering, design and data science teams.

The Blackstone Group has fully exited its 4.79 percent stake in Multi Commodity Exchange of India (MCX) for an estimated INR3 billion (approximately US$45 million) through an open market transaction on the National Stock Exchange of India. Blackstone originally invested in MCX in 2013.

India-focused private equity firm Samara Capital has invested approximately INR1.7 billion (approximately US$25 million) in India-based medical devices manufacturer Sahajanand Medical Technologies. The company plans to use the funds on research and development to expand its product line in the cardiovascular segment.

Central and Eastern Europe-focused private equity firm Quaestus Private Equity has exited its stake in Croatia-based fixed-line provider Metronet Telekomunikacije to Vipnet, the Croatian subsidiary of Telekom Austria Group. Quaestus originally invested in Metronet in 2005 through its first fund, Quaestus Private Equity Kapital. The transaction, which is pending regulatory approval, is expected to close in the first quarter of 2017. Financial details of the transaction were not disclosed.

African Development Bank is hiring for the position of Associate Research Officer who will be part of the Knowledge Management Team and will be responsible for conducting research on developments in the African financial sector, providing content for the Partnership’s website and newsletters.

For more information, including responsibilities and qualifications, please click here.

About EMPEA

EMPEA is the global industry association for private capital in emerging markets. We are an independent non-profit organization with over 300 member firms, comprising institutional investors, fund managers and industry advisors, who together manage more than US$1 trillion of assets and have offices in more than 100 countries across the globe. Our members share EMPEA’s belief that private capital is a highly suited investment strategy in emerging markets, delivering attractive long-term investment returns and promoting the sustainable growth of companies and economies. We support our members through global authoritative intelligence, conferences, networking, education and advocacy. For more information, visit empea.org.